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HomeScamsDon't Fall for the Fake OpenAI DEFI Token Airdrop!

Don’t Fall for the Fake OpenAI DEFI Token Airdrop!

The scammers mimic the OpenAI site to try to get crypto users to link their digital wallets, and once that happens, they drain their accounts.

Updated Mar 21, 2023 | 01:45 PM IST

OpenAI Launches GPT-4, Scammers Launch Crypto Scam: Don’t Fall for the Fake OpenAI DEFI Token Airdrop!

Watch out for the latest cryptocurrency scam! Scammers are now taking advantage of the buzz surrounding OpenAI ‘s GPT-4 launch to steal your hard-earned digital coins. According to Tenable Research , just one day after OpenAI released GPT-4 on March 15, scammers started sending phishing emails and posting fraudulent links on Twitter. The messages claim to offer an OpenAI crypto token, but don’t fall for it – there’s no such thing! Protect yourself from these sneaky fraudsters and always stay alert when it comes to cryptocurrency scams.
OpenAI only provides GPT-4 access to ChatGPT Plus subscribers and developers via its API. The unintended effect of this limited access provides scammers with an ideal hook to lure unsuspecting users to their phishing sites. The scammers mimic the OpenAI site to try to get crypto users to link their digital wallets, and once that happens, they drain their accounts.

The phishing email (screenshot below) contains a single block of text: “Don’t miss out on the limited-time OpenAI DEFI token airdrop.” It includes an image of an OpenAI email based on a template of what a legitimate OpenAI email might look like. However, the purported email contains a number of grammatical and spelling errors.

Similar versions of this message were also spotted being circulated on Twitter.

“Having researched cryptocurrency scams over the last four years, I’ve learned that scammers are opportunistic, impersonating noteworthy individuals or brands to promote fake tokens like Tesla tokens and SpaceX tokens as well as a plethora of fake giveaways,” said Satnam Narang, sr. staff research engineer at Tenable. “The impersonation of OpenAI and the promotion of a fake OpenAI token continues this trend.”

Whether you’re a fan of GPT-4 or a cryptocurrency enthusiast, it’s crucial to stay cautious when it comes to token airdrops and crypto giveaways. Scammers are always lurking, so it’s important to do your research before connecting your wallet to any suspicious website. Don’t let yourself fall for their tricks – stay vigilant and protect your digital assets.

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